Atlas Copco has agreed to acquire the cryogenic business of Brooks Automation, including cryopump operations in Chelmsford, MA and Monterrey, Mexico, for a total value of USD 675 million. Completion is expected in Q1 2019, subject to regulatory approvals.
Pfingsten Partners acquired Quality Valve, Inc., a Mobile, Alabama distributor of OEM replacement parts for safety and relief valves, alongside founder Raymond McCaffrey III, who retained equity. The deal closed on July 27, 2018; no value was disclosed.
ONCAP announced it has acquired Precision Global, a Greenville, South Carolina manufacturer of dispensing solutions with 18 facilities. ONCAP IV invested approximately $111 million, terms otherwise undisclosed.
NIBCO plans to invest $14 million to update and expand its Stuarts Draft plant in Augusta County, Virginia, adding new equipment and 30 jobs.
Pool pump and filter maker Hayward Industries bought ConnectedYard Inc., a California company behind the pHin Smart Water Care monitoring solution for pool and hot tub water chemistry.
KSB Group bought Dubric Industries Inc., a pump servicing and sales company in Comstock Park, Michigan, renaming it KSB Dubric Inc. The deal extends KSB's service network in the US Midwest.
Dearing Compressor & Pump Co. completed its acquisition of Pittsburgh-based Kruman Equipment Co., which had been founded in 1936; the Krumans sold the business when they retired.
Cortec LLC will invest $2.5 million to expand its industrial coatings facility in Port Allen, Louisiana, adding four direct jobs and retaining 42 existing jobs. The expansion is expected to be operational by the second quarter of 2019.
Boyne Capital, a Florida private equity firm, partnered with management to acquire A.S.A.P. Industries Manufacturing, a Houma, Louisiana maker of high-pressure flow control products for the oil and gas industry. Terms were not disclosed.
Conval moved all operations into a new 72,000-square-foot advanced manufacturing center in Enfield, Connecticut, with 40% more capacity than its former three-building Somers campus.
AMPO POYAM Valves was approached by Cheniere and Bechtel to design and manufacture more than 1,750 cryogenic and non-cryogenic valves for Train 3 at the Corpus Christi LNG liquefaction project in the US. Train 3 is expected to be commissioned in 2020.
A.Y. McDonald Manufacturing broke ground on an $8 million expansion that will double its Elizabethton, Tennessee operation and create 36 new jobs. The company already employs 144 full-time workers there.
United Rentals agreed to acquire BakerCorp, a provider of tank, pump, filtration and trench shoring rentals, for approximately $715 million in cash. The deal is expected to close in the third quarter of 2018.
Italian valve maker Fratelli Pettinaroli has acquired the remaining stake in Michigan-based Jomar Group, finalized in summer 2018 after a 50% stake was bought in 2001. Jomar will continue under its president and management team.
PumpMan Holdings has completed the acquisition of Healdsburg, California-based Groundwater Pump & Well, which provides irrigation, fire protection and water solutions. Groundwater will be integrated into PumpMan's Bartley Pump in Santa Rosa.
IDEX Corporation announced the acquisition of the intellectual property assets of Phantom Controls, a St. Louis fire-pump control company, which will operate within IDEX Fire & Safety. The deal was announced on June 28, 2018.
Curtiss-Wright Corporation received a contract worth over $28 million from Bechtel Plant Machinery to supply submarine propulsion plant valves and spares for the U.S. Navy's Virginia-class submarines. Work is performed at its East Farmingdale, New York facility and runs through 2022.
Copper State Fluid Power opened a new Tucson, Arizona facility offering sales and repair of hydraulic and pneumatic equipment and parts, with planned e-commerce parts sales.
Kerotest Manufacturing proposed a $4.3 million expansion of its Mansura valve plant, adding a 30,000 sq ft building and about 50 permanent jobs, with new equipment purchases of over $2.8 million.
Italian pump maker Annovi Reverberi Group announced on June 15, 2018 that it acquired a 95% stake in Ace Pump Corp., a Memphis, Tennessee manufacturer of agricultural and off-highway pumps. CEO Andy Randle keeps the remaining 5%.
ATI supplied linear valve actuators and Volk Flow Controls supplied gate valves for the 475MW Kings Mountain Energy Centre, a gas-fired combined-cycle plant being built by NTE Energy in Kings Mountain, North Carolina, with commissioning expected by Q4 2018.
Ingersoll Rand completed its all-cash acquisition of the assets of Tuthill Corporation's Pump Group for $85 million. The Pump Group joins Ingersoll Rand's Precision and Science Technologies segment.
SMC Corporation of America plans to break ground in summer 2018 on a 1.0 million square-foot warehouse at its North American headquarters in Noblesville, Indiana, estimated at $67.8 million. The project is projected to add 92 jobs within five years.
Allied Valve, Inc. announced a merger with St. Louis-based Automation Service, a remanufacturer of Fisher control valves and Rosemount and Foxboro instrumentation. The merged companies are owned by a new entity, Ovation Holdings, effective May 11, 2018.
IMI Z&J Houston won a contract worth USD 1.5 million to supply IMI Remosa triple eccentric butterfly valves for the FCC unit at a refinery in Oklahoma, USA. The valves were developed with IMI Orton to reduce gas leakage.
Aero Fluid Products will add 30,000 square feet to its facility at 313 Gillett Street in Painesville, Ohio, creating 40 full-time jobs and investing an estimated $3 million to $4 million; the lower figure is shown.
SMC is investing an estimated USD 67.8 million in a new warehouse adjacent to its North American headquarters in Noblesville, Indiana, increasing warehouse space by 30% and production capacity and adding 92 jobs over five years.
SunSource Holdings completed its acquisition of Ryan Herco Flow Solutions, a US distributor of flow solutions, from Greenbriar Equity Group. Terms were not disclosed.
Flomatic Corp. is investing $3.3 million to add production, research and training space at its valve manufacturing plant in Glens Falls, New York, which will add jobs and speed up production.
Matholding Group acquired a 51 percent stake in OCV Control Valves LLC, a Tulsa, Oklahoma valve maker, to expand its hydraulic control and process valve portfolio.
NIBCO, the Elkhart, Indiana valve and fittings maker, is in the midst of a $100 million capital investment in its facilities over four years. Four facilities, including Blytheville, Arkansas, are undergoing expansions totaling 350,000 square feet.
GasFlo Products relocated to a new manufacturing facility in Fairfield, New Jersey in March 2006, with expanded production and assembly capacity and an in-house R&D wing. The move brought some previously outsourced processes in-house.
Houston-based valve maker Chromatic Industries acquired certain assets and the principal business of Quality Oil Tools in Jennings, Louisiana, which will continue as part of new subsidiary Chromatic Oil Tools.
Mason Wells sold The Oilgear Company, a Traverse City, Michigan maker of hydraulic pumps, valves and systems, to Texas Hydraulics. The deal closed on March 27, 2018 and was announced on April 4, 2018. The price was not disclosed.
TechnipFMC has been awarded an integrated EPCI contract by LLOG Exploration for the Who Dat field in the Gulf of Mexico. The scope includes a 2MW multiphase pumping system, manifold, umbilicals and topside control equipment.
SJE Rhombus has broken ground on a new 51,000 square foot manufacturing facility in Ashland Business Park and plans to relocate from its Ohio Street site by year end. The Minnesota-based pump controls company is backed by a 75 percent property tax abatement for 15 years.
LLOG Exploration awarded TechnipFMC an integrated EPCI contract for the Who Dat deepwater field in the Gulf of Mexico, including a 2MW multi-phase pump station and subsea equipment.
Ampo Poyam Valves secured multiple contracts to supply around 15,000 engineered valves for the first five liquefaction trains of the Rio Grande LNG project in Texas, developed by NextDecade and built by Bechtel. Announced on 9 July 2026.
Flint & Walling is investing more than $5 million to buy and equip a vacant 100,000-square-foot factory at 800 W. Mitchell St. in Kendallville, Indiana, to bring motor production back from Mexico. The move will employ almost 40 people.
Halliburton signed a definitive agreement to sell its Dresser Equipment Group, a maker of valves, instruments and industrial equipment, to an investor group led by First Reserve and Odyssey Investment Partners for $1.55 billion in cash and assumed liabilities. Halliburton will keep a five percent equity stake.
EagleTree Capital, on behalf of EagleTree Partners IV, acquired a majority stake in Rutherford, New Jersey-based Airtech Group, a maker of vacuum pumps, blowers, compressors and valves, from founder Tom Latsos and other management. Terms were not disclosed.
Houston-based AIV LP, a global wholesale valve and actuator distributor, has acquired Pittsburgh-based Zenith Supply, a master distributor of Velan valves that holds about $25 million in inventory. Zenith will keep operating under its own name and facilities.
Lubbock, Texas-based Simmons Pump and Simflo Pumps have merged into a privately held company operating as SIMFLO, headquartered in Lubbock with offices in Willcox, Arizona and Garden City, Kansas. All 120 employees were retained.
NIBCO, the Elkhart, Indiana valve and fittings maker, is midway through a $100 million capital investment in its facilities over four years, including expansions at four plants totaling 350,000 square feet.
Applied Industrial Technologies agreed to acquire FCX Performance, a Columbus, Ohio distributor of valves, instruments, pumps and lifecycle services, for about $768 million, with closing expected within 30 days.
PumpMan Holdings, a Soundcore Capital Partners portfolio company, completed the acquisition of the assets of Brooklyn-based Federal Pump, which manufactures pump systems and provides service and repair in New York City.
Italian Annovi Reverberi group acquired 95% of US agricultural and off-highway pump maker Ace Pump, with the remaining 5% held by its former president and new CEO Andy Randle. The deal was reported in 2018.
KSB acquired US pump service and sales company Dubric Industries, based in Comstock Park, Michigan, expanding its service network in the US Midwest. The deal was reported in 2018.
Sulzer completed the acquisition of US-based JWC Environmental, a supplier of grinding, screening and dissolved air flotation systems for wastewater treatment, and placed it in its pump division. The deal was reported in 2018.
Simmons Pump LLC of Lubbock, Texas acquired Simflo Pumps Inc. of Willcox, Arizona, and Simmons Pump of Garden City, Kansas, combining them under the new SIMFLO brand. The article gives only the year 2018 as the date.